Stock Market Forecast Based on Artificial Intelligence: Up To 60.60% Return in 1 Month

Stock Market Forecast

This forecast is part of the “Stocks Under 5 Dollars” package, as one of I Know First’s algorithmic trading tools. The full Top 10 Stock Picks forecast includes a daily predictions for a total of 20 stocks with bullish and bearish signals:

  • top ten stocks picks to long
  • top ten stocks picks to short

Package Name: Stocks Under 5 Dollars
Forecast Length: 1 Month (7/13/2015 – 8/13/2015)
I Know First Average: 9.71% (Long); 15.14% (Short)

stock market forecast

 

The top 10 stocks for both the long and the short position were included in the 1 month forecast from 07/13/2015 that was part of the  Stocks Under 5 Dollars package. Exelixis, Inc (EXEL) had the best performance during the predicted time horizon with a remarkable return of 60.60%. Other stocks with impressive performances during the time horizon were Acorn International, Inc (ATV) nd VimpelCom Ltd. (VIP) with returns of 15.38% and 14.40% respectively. For the short position, Alon Blue Square Israel Ltd (BSI) offered the largest returns to investors who shorted the stock during the predicted time period with a return of 51.69%. The average returns for the long and short positions were 9.71% and 5.14% respectively, both of which easily beat the S&P 500 return of 0.33% during the same time period.

Exelixis, a biopharmaceutical company, continues to reap the benefits of its breakthrough treatment for kidney cancer that provided positive results throughout the clinical trial.  In partnership with another company, Exelixis also developed a melanoma treatment, and the expect to receive positive news from the FDA regarding its release in November.

Algorithmic traders utilize these daily forecasts by the I Know First market prediction system as a tool to enhance portfolio performance, verify their own analysis and act on market opportunities faster. This forecast was sent to current I Know First algorithmic traders.

How to Interpret this Diagram

Please note-for trading decisions use the most recent forecast. Get today’s forecast and Top stock picks.